Ex-presidential aspirant, Harry Akande, dies at 77 - Newstrends
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Ex-presidential aspirant, Harry Akande, dies at 77

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A former presidential aspirant of the defunct All Nigeria Peoples Party (ANPP), Harry Akande, has died at the age of 77.

Akande, a business mogul and Agba Oye of Ibadanland, died on Saturday after a brief illness.

A relative of the deceased, Mr Olumide announced the passing of the Ibadan-born millionaire, describing his passing as a huge shock to his family, friends and associates.

Part of the statement read, “In the early hours of Saturday December 5, 2020, our patriarch Chief Harry Ayodele Akande passed away following a brief illness.

“Chief Harry Akande was an astute businessman of international repute whose legacy and influence cut across continents.

“But by far his greatest passion was for a better Nigeria that guaranteed equity and justice for all. It is our fervent hope that this will be a reality in the not too distant future.

“His passing is a huge shock to his immediate and extended family, friends and associates. We are all grappling to make some sense of it.

 “As we seek the repose of his gentle soul, we ask you to in turn to uphold us in your prayers while we pass through this very turbulent period of our lives occasioned by the loss of someone as dear as him.”

The Publisher of Ovation magazine, Dele Momodu, in a message on his Twitter handle, said, “Chief Harry Ayoade Akande, one of Nigeria’s richest men of his generation passed on this morning… Rest in Peace Sir…”

Akande reputed to be one of the richest men in Nigeria was the chairman of Akande International Corporation (AIC) with interest in healthcare, engineering, building construction and power.

Aviation

United Nigeria Airlines finally apologises to passengers after NCAA lifts suspension

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United Nigeria Airlines finally apologises to passengers after NCAA lifts suspension

 

United Nigeria Airlines has apologised to its passengers taken to Asaba instead of Abuja lady week due to miscommunication between the crew and control tower.

The apology came after the Nigerian Civil Aviation Authority (NCAA) announced the lifting of suspension it imposed on operations of the airlines’ wet lease aircraft.

The NCAA made the announcement in a letter signed by Ibrahim Dambazau, its director of operations, licensing and training on Friday.

On Sunday, a United Nigeria Airlines aircraft which departed Muritala Muhammad International Airport, Lagos, en route to Abuja, diverted to Asaba, Delta State.

In its defence a few hours after the incident, United Nigeria said the flight was diverted to Asaba as a result of bad destination weather.

On Tuesday the NCAA began an investigation into the airline’s two wet lease aircraft resulting in a suspension of operations.

In its latest response in a statement, the airline apologised to the passengers for the experience and expressed their gratitude for their understanding during the period.

“We are pleased to announce the lifting of the suspension placed on our ‘Part G’ operations specifications which affected one of our aircraft,” the airline said.

“We want to express our deepest gratitude to you for keeping faith with us and for your understanding during this period.”

Providing the result of the investigation in the letter referenced NCAA/DOLT/UNA/Vol.02523, NCAA cited that the incident was due to a lack of “adequate liaison” between the lessor’s OCC (operation control centre) and lessee’s OCC which has also omitted appropriate flight briefing from the point of departure.

The authority also said there was non-adherence to the approved filed air traffic control (ATC) flight plan.

The authority also gave recommendations to the airline, adding that both cockpit and cabin crew should hold appropriate briefings before flight and procedures should be strictly adhered to by both the lessor and the lessee’s OCC.

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Updated: Jetour hits Nigerian market with affordable top-class SUVs

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Updated: Jetour hits Nigerian market with affordable top-class SUVs

 

The Nigerian automobile market has received a boost with the introduction of Jetour, a new brand from the Chery Holding Group, offering top-class affordable luxury vehicles.
The automaker says the brand was introduced in response to the market trend and consumers’ demand.
With the slogan ‘Drive Your Future’, Jetour focuses on the travel + market segment, and its products are mainly SUVs to satisfy users for better travel.
The brand which is now in the Nigerian market was launched globally in 2018 to provide practical travel solutions for more families and individual.
Its vehicles are uniquely designed with intelligent driving and energy-saving electric system.
Indeed, Jetour says its vehicles are produced from an intelligent factory that incorporates automation, intelligent customization, flexibility, scalability, and environmental conservation.
Jetour’s goal is also to provide excellent vehicles that demonstrate individuality for today’s young people.

Brand users
The brand is targeted at uncompromising group of individuals, unwilling to settle for mediocrity and are certain that brilliance is gained through action rather than waiting.

Jetour concept
Jetour is derived from Jet+Tour, which connotes “convenient tour”. This means that customers that work hard in many industries can finally enjoy the benefits of their wonderful and happy lifestyles.

Technical strength
The brand focuses on core new energy technologies, offering the latest comprehensive energy technology system; Battery Electric Vehicle (BEV) platform and the Plug-in Hybrid Electric Vehicle (PHEV) platform.
With technologies such as intelligent driving, intelligent network connection, Vehicle-to-Everything (V2X), its products are sold to many nations globally.
The core technologies of new energy electric vehicles such as battery, motor, electronic control, and vehicle controller have been independently applied to the different platform models.

Engine
The automaker says its vehicles are powered by one of China’s top ten engines. Jetour is the first Chinese brand with 1.6TGDI turbo-charged engine.
It is also considered the first Chinese brand with direct injection gasoline (petrol) engine that meets China VI emission regulations.
The brand comes with the industry’s top power, the strongest Chinese brand. It enjoys the Kunpeng Power 2.0TGD1, Golden Power Portfolio, 7DCT, Strong power 187KW, 390N.m and 100 km/h acceleration < 8 seconds.
Jetour says, “More than 1,000 people worked on the Kunpeng Power 2.0TGDI engine, which is based on Chery’s 23 years of positive engine development skill, a solid product development system, and an advanced verification system that relies on three main Research and Development (R&D) facilities in Europe and China (Wuhu, Shanghai).”
The team’s five advantages are super energy, ultra-clean, ultra-quiet, ultra-solid, and ultra-light, which took 48 months to develop.
It has a maximum power output of 187kW and a maximum torque output of 390N m, and the power reserve is comparable to one 3SL V6 engine.

Quality Control
The automaker has four main test locations, and the vehicles undergo 2,000,000km of rigorous verification to ensure industry-leading quality.

Global layout
Jetour has a worldwide development strategy and development vision, and its vehicles are exported to many nations globally.
The models available in the Nigerian market are X70 – Liberty; X70 Plus – Elegance; X90 Plus – Cruise and Dashing.

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Auto

LCCI faults Customs frequent reviews of import duties

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LCCI faults Customs frequent reviews of import duties

…suggests measures to stimulate auto industry growth

 

President of the Lagos Chamber of Commerce and Industry, Dr. Michael Olawale-Cole, says government’s policy inconsistency is stunting the growth of automotive industry in Nigeria.
He particularly faulted frequent reviews of import duties by the Nigeria Custom Services (NCS).
Olawale-Cole spoke through his deputy Gabriel Idahosa in Lagos on Thursday along with key players in the Nigerian auto industry at a symposium organised by the LCCI Auto and Allied Group under the theme ‘The Auto & Allied Sector: Present Day Realities in Nigeria’.
The Chairman of CIG Motor, Chief Diana Chen; General Manager of Suzuki By CFAO, Aissatou Diouf; Executive Director at Truckmaster Nigeria, Dr. Oseme Oigiagbe, and Mandela Oniemola, were other key speakers at the forum.
Olawale-Cole kicked against the Customs use of spot exchange rate to compute import duties.
He said, “The decline recorded in third quarter is a testament of automobile industry reactions to policy inconsistency, that is amplified by frequent reviews of import duties by the Nigeria Custom Services (NCS).”
He also noted that the twin effect of subsidy removal and exchange rates harmonization had impacted the industry with inconsequential gains and huge loss to the stakeholders.
He said, “If the government is not swift in stabilising exchange rate, investors may be discouraged, and domestic producers will be sceptical about mass production of vehicles that is perceived costly.
“It is important to note that the MDAs, especially the Nigeria Customs (NCS) should not use spot exchange rate as the basis for computing import duties in order to avert uncertainty and minimise the consequences of information asymmetric among stakeholders in the industry.
“However, computation that is based on last month average exchange rate could be a more reliable methodology among others. This approach will allow stakeholders to anticipate and estimate the cost of import duties that is void of misinformation, and frequent adjustment by the NCS.”
He urged the government to work with the private sector players to develop policies that promote and reduce the cost of local production as well as “encourage innovation and competitiveness to ensure the growth and sustainability of the automotive industry.
“The Federal Government, and the Nigerian Investment Promotion Council (NIPC) should collaborate with the private stakeholders to encourage investments in the industry.”
He called for the establishment of an automated banking system and a resilient local manufacturing sector.
“The sector should prioritize the use of quality-controlled, domestically manufactured parts and components, together with a skilled workforce of specialists capable of supporting investments in manufacturing and assembly,” he said.
Chairman, Automobile and Allied Services Group at LCCI, Otunba Adekunle Jaiyesimi, spoke on the significant role of the automotive industry to the nation’s economy.

“From manufacturing and distribution to maintenance and repair services, it contributes to employment, revenue, and technological advancement,” he stated
Jaiyesimi listed the challenges and opportunities in the sector as technological advancements; sustainability and environmental issues; supply chain disruptions and government policies and regulation.

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